VW board discussing new corporate structure
HAMBURG, September 25, 2015
Volkswagen's supervisory board is discussing a new corporate structure, in addition to choosing a new chief executive to replace Martin Winterkorn, who resigned this week, three people familiar with the matter told Reuters.
Friday's board meeting comes as the world's biggest carmaker grapples with its biggest business crisis in its 78-year history after it admitted to rigging emissions data for its diesel vehicles.
Two of the sources said the meeting was taking longer than expected. - Reuters
